Pakistan’s Fintech PostEx is ready to expand the e-commerce sector to Saudi Arabia and the United Arab Emirates.
PostEx is a logistics startup and a hybrid fintech preparing to revolutionize the market with its prepaid solutions for online merchants. The new strategy aims to address the working capital challenges faced by e-commerce businesses that rely on traditional cash-on-delivery transactions.
Umar Khan, founder and CEO of PostEx, told Arabian Business. His company will keep an important eye on business like logistics business and e-commerce financing in Saudi Arabia. Surprisingly, the country already has a well-developed logistics industry providing service. Adopting this will target e-commerce financing in the UAE.
PostEx’s unique hybrid model helps it to stand out in the Saudi and UAE markets
Umar Khan said that the hybrid solution will make it unique in both Saudi Arabia and the UAE. He said.
“Current players typically offer revenue-based financing models; they don’t control the flow of goods or have full visibility into the operations of eCommerce merchants.”
“As a result, they are less equipped to help merchants overcome cash-flow challenges as effectively as PostEx,”